The Roaring 20's Flashcards
To Revise topic 3 The Roaring Twenty's
The Fordney McCumber act established its self as the highest what ?
Tariffs-these could be as much as 400% but was usually around 40%
At what position in the war were the US in 1914 ?
Neutral it wasn’t until 1918 that the US were first involved
At what year did President Wilsons policy of encouraging ‘free trade’ end?
In 1922 the Fordney McCumber Tariff was introduced.
Did the US join the League of Nations ?
No , but this decision had major consequences for Europe.
Who was US president during the time of the Wall Street Crash?
Herbert Hoover
In 1918 the US played an important part in the western front how many soldiers, sailors and airman perished to the hands of the enemy?
100,000 men lost their lives, the rest returned home as hero’s in 1919.
Before the Wall Street Crash America enjoyed a period of what?
Good Living,stock market boom and consumerism
Prohibition means what ?
The period in time from 1920 to 1933 when alcohol was banned in the US .
Henry Ford produced what?
Model T Fords they were produced on a production line …..over 1 million of them all the same colour and design!!
Other products used mass production techniques can you name a couple of the products……
Vacuum cleaners, cookers washing machines etc
If you buy something on hire purchase what does this mean?
People could pay a deposit followed by monthly instalments .This lead to a boom in sales and a demand for goods in the factories.
The term ‘Laissez -Faire ‘ means…..
Letting business leaders get on with the job of making money
Who introduced the ‘New Deal’.?
Roosevelt introduced a number of acts to restore confidence amongst the American people.
Over 100,000 companies went bust in the US between 1929-33 what was this time known as?
The Wall St Stock Exchange in New York happened on the 24th Oct 1929 known as ‘Black Thursday’ .
In what year did Roosevelt introduce the New Deal ?
In 1933 when he took over from Hoover..
